Posts Tagged ‘debt collector’

LOL.
Would You Like to Be a Debt Collector? | Get Out of Debt (which, for some reason, does not allow embedding of its videos, so I grabbed the video and posted it on YouTube)

According to Consumerist, based on a thread at the DebtConsolidationCare forums, US National Bank somehow acquired a bunch of paid-off payday loan accounts and is trying to collect on them. And their threats are apparently working. The poster on DCC paid them $300 to avoid trouble—including the three felony counts he was threatened with.
If you [...]

Debt Collector Uses Consumer’s Debit Card Information for Spending Spree | Consumer Law & Policy

This blog has a lot of great information for consumers dealing with debt collection harassment. Here is a roundup of some of the best posts for consumers coping with debt collection:

What to do when a debt collector calls
Stop debt collector calls with the TeleZapper
Debt collection complaints going up; what to do if you get a [...]

The Twin Cities Daily Planet recently did a feature article on Sharon Hemmeke and Michelle Wallace of Phoenix Management Systems, Inc., a collection agency near Loring Park in Minneapolis. The article is a sharp departure from the recent reporting on debt collectors, which tends to be negative.
Wallace says collecting debts “can be very rewarding. Sometimes [...]

If you are getting phone calls from a debt collector, you should tell them, in writing, that you do not want them calling you. If that does not work, and just want them to stop, the TeleZapper should do the trick.
Most collection agencies use automatic—also called predictive—dialers. In other words, the collector sits at a [...]

Speaking of screwing consumers, California consumer lawyer Jonathan Stein has an instructive story on what happens when corporations and debt collectors try to bully consumers into paying debts—even debts they do not owe.
His client sold a car that was later involved in an auto accident. Because the buyer did not register the title or obtain [...]

Getting served with a lawsuit is one of the more upsetting things that can happen to you. When the process server hands a summons and complaint to you or to someone “of suitable age and discretion” who answers your door, they are dragging you into the legal system. But really, it is not as bad [...]